How To Get A GT Salary Advance Loan

One of the most challenging parts of managing your finances is allocating money from your monthly salary. Other difficulties a person with a monthly salary might encounter are lack of funds due to the late arrival of their income, inability to withdraw funds or other issues.

These problems can easily be addressed if you are not struggling to keep up with bills. However, individuals who have to make payments based on rigid schedules will definitely be affected by such concerns.

If you are struggling to manage your monthly salary and fulfill your month-to-month financial duties, you might want to consider getting a salary advance loan from Guaranty Trust Bank (GTBank). Here’s what you need to know about this kind of loan.

GT Salary Advance Loan Application

GT Salary Advance Loan Features

GTBank is known as one of the top financial institutions that provide accessible solutions. Its Salary Advance Loan lets individuals borrow up to 50% of their monthly salary upfront and without hassle.

Those who are thinking of getting one should remember that the loan is payable within 30 days. The good news is that it is renewable monthly, so you can take out a new one as long as you pay the previous loan.

Once you decide to borrow from GTBank through this option, your funds will be ready within a day. Therefore, it is great for situations where you need money quickly and cannot wait for your paycheck.

Getting A GT Salary Advance Loan

The application is simple and easy, just head over their website. You can get this loan as long as you have a salary account with GTBank.

You must have a minimum salary of N25,000 for those working in the public sector. Private employees should have a minimum salary of N50,000.

To prove your income, you can bring a certificate of employment or copies of your recent payslips. It would also not hurt to bring other related documents such as copies of your identification and proof of residence. This can include ID cards and utility bills.

One of the strongest points of this Salary Advance Loan is that you can easily apply for it. You do not need to jump through hoops just to borrow 50% of your salary. In fact, you have three ways to apply; through the bank’s internet banking, by call or by a branch visit.

When you choose to initiate the application using the GTWorld app or the bank’s internet banking service, you will simply have to log into your GTBank account and go through the process. Meanwhile, a phone call or branch visit offers a more direct approach.

Rates And Charges

Keep in mind that you must pay back the loan. If you are planning to renew your loan, make sure to pay the amount within 30 days. Ensure that you send in your payments promptly. If not, fees and other charges may apply.

To learn more about the specific rates and fees, you will have to contact the bank.

How To Get A GT Salary Advance Loan

Conclusion

Applying for a GTBank Salary Advance Loan is one of the best ways to borrow money to supplement your monthly needs. To know more about this offer, you can send in an inquiry through their complaints and queries form or call +234 700 4826 66328.


Note: There are risks involved when applying for and using loans. Consult the bank’s terms and conditions page for more information.